EX-12.1 8 f93929exv12w1.txt EXHIBIT 12.1 . . . EXHIBIT 12.1 COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES (in millions, except ratios)
Year Ended August 31 ------------------------------------------- 2003 2002 2001 ------------ ------------- ----------- Losses: Net loss $ (3,462.0) $ (3,110.2) $ (123.5) Discontinued operations, net of tax 357.1 (27.9) 47.5 Income tax expense 581.0 (483.0) (34.2) ------------ ------------- ----------- Loss from continuing operations before income tax expense $ (2,523.9) $ (3,621.1) $ (1l0.2) ============ ============= =========== Fixed Charges: Interest portion of rent expenses $ 30.8 $ 28.3 $ 26.5 Interest expense 210.9 244.1 176.0 ------------ ------------- ----------- $ 241.7 $ 272.4 $ 202.5 ============ ============= =========== Excess of fixed charges over loss from continuing operation before income taxes (2,765.6) (3,893.5 (312.7)